Welded Spiral Heat Exchangers Market Size, Share & Trends Analysis Report By End Use (Chemical, Food & Beverages, HVAC & Refrigeration, Petrochemicals, Power Generation), By Region, And Segment Forecasts, 2019 - 2025

Published: Jul, 2019 | Pages: 126 | Publisher: Grand View Research
Industry: Construction | Report Format: Electronic (PDF)

The global welded spiral heat exchanger market size is anticipated to reach USD 1.8 billion by 2025, exhibiting a CAGR of 4.0% over the forecast period, according to a new report published by Grand View Research, Inc. The global market is expected to witness significant growth on account of rising product demand from various industries including chemicals, petroleum, and food & beverage, among others.

Key materials widely used for the manufacturing of welded spiral heat exchanger include steel, nitrile aluminum, rubber gasket, brass alloy, and titanium, among others. The market is characterized by the presence of top manufacturers such as Alfa Laval and Danfoss. The operations of these companies are integrated across the manufacturing and distribution processes of welded spiral heat exchangers.

Welded spiral heat exchangers have an advantage over a conventional heat exchanger as the fluid is exposed to a much larger surface area.They also provide much higher thermal performance compared to conventional heat exchangers. Welded spiral heat exchanger is ideal for dangerous and aggressive fluids as leakage is practically excluded owing to welded channel construction.

Based on end use, HVAC & refrigeration is expected to be the largest segment and projected to hold its position over the forecast period. The segment was valued at USD 282.1 million in 2018. Food & beverages end-use segment is expected to be the fastest-growing segment and likely to register a CAGR of 5.0% from 2019 to 2025. Power generation segment is projected to witness significant growth in the market at a growth rate of 4.2% from 2019 to 2025.

Growing industrialization in the developing economies of Asia Pacific and increasing investments in manufacturing, commercial, and industrial projects have contributed to the overall growth of the market. This has led to increased demand for spiral heat exchangers in the region as they are largely used in industries such as petrochemical and food & beverages and power generation companies. A major shift in demand for spiral heat exchangers is being witnessed from mature European and North American markets in the developing economies in Asia Pacific such as China and India. 

Further key findings from the report suggest:

• Asia Pacific accounted for 37.6% of the overall market in 2018 and is expected to be the largest market, accelerating at a CAGR of 5.2% over the forecast period

• The European market was valued at USD 397.1 million in 2018 and is likely to be the second-largest market over the forecast period owing to the rising construction and automobile industries

• CSA is expected to exhibit the fastest growth rate in the global welded spiral heat exchanger market at a CAGR of 6.3% from 2019 to 2025 on account of growing petrochemical and food & beverages industries in the region.

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Market Segmentation & Scope
                   1.2 Market Definition
                   1.3 Information Procurement
                       1.3.1 Purchased Database
                       1.3.2 Gvr's Internal Database
                       1.3.3 Secondary Sources
                       1.3.4 Third Party Perspective
                       1.3.5 Primary Sources
                   1.4 Information Analysis
                       1.4.1 Data Analysis Model
                   1.5 Market Formulation & Data Visualization
                   1.6 List To Data Sources
                   1.7 List Of Abbreviations
Chapter 2 Executive Summary
                   2.1 Market Outlook
                   2.2 Segmental Outlook
                   2.3 Competitive Insights
Chapter 3 Market Variables, Trends & Scope
                   3.1 Market Lineage Outlook
                       3.1.1 Global Heat Exchanger Market Outlook
                   3.2 Penetration And Growth Prospect Mapping
                   3.3 Industry Value Chain Analysis
                       3.3.1 Manufacturing Trends
                       3.3.2 Raw Material Trends
                           3.3.2.1 Steel
                           3.3.2.2 Copper
                           3.3.2.3 Nitrile Rubber Gasket
                       3.3.3 List Of Key End-Users, By Country
                   3.4 Technology Overview
                   3.5 Regulatory Framework
                       3.5.1 Product Classification Codes
                       3.5.2 Standard & Compliances
                   3.6 Market Dynamics
                       3.6.1 Market Drivers
                           3.6.1.1 Growing Preference For Welded Spiral Heat Exchanger In Petrochemical Industry
                           3.6.1.2 Growing Industrial Development In Asia Pacific Region Coupled Technological Advancement In Heat Exchanger Technology
                       3.6.2 Market Restraints
                           3.6.2.1 Potential Threat Of Substitution From Other Heat Exchangers
                   3.7 Business Environment Analysis: Welded Spiral Heat Exchanger Market
                       3.7.1 Industry Analysis - Porter's
                           3.7.1.1 Bargaining Power Of Supplier
                           3.7.1.2 Bargaining Power Of Buyer
                           3.7.1.3 Substitution Threat
                           3.7.1.4 Threat From New Entrant
                           3.7.1.5 Competitive Rivalry
                   3.8 Pestel Analysis
                       3.8.1 Political Landscape
                       3.8.2 Environmental Landscape
                       3.8.3 Social Landscape
                       3.8.4 Technology Landscape
                       3.8.5 Economic Landscape
                       3.8.6 Legal Landscape
Chapter 4 Welded Spiral Heat Exchangers Market: End Use Estimates & Trend Analysis
                   4.1 Definition & Scope
                   4.2 End Use Movement Analysis & Market Share 2018 & 2025
                   4.3 Market, By End Use, 2014 - 2025 (USD Million)
                       4.3.1 Welded Spiral Heat Exchangers Market Estimates & Forecast, 2014 - 2025
                       4.3.2 Chemical
                           4.3.2.1 Market Estimates & Forecast, In Chemical, 2014 - 2025
                           4.3.2.2 Market Estimates & Forecast, In Chemical, By Region, 2014 - 2025
                       4.3.3 Food & Beverages
                           4.3.3.1 Market Estimates & Forecast, In Food & Beverages, 2014 - 2025
                           4.3.3.2 Market Estimates & Forecast, In Food & Beverages, By Region, 2014 - 2025
                       4.3.4 Hvac & Refrigeration
                           4.3.4.1 Market Estimates & Forecast, In Hvac & Refrigeration, 2014 - 2025
                           4.3.4.2 Market Estimates & Forecast, In Hvac & Refrigeration, By Region, 2014 - 2025
                       4.3.5 Petrochemicals
                           4.3.5.1 Market Estimates & Forecast, In Petrochemicals, 2014 - 2025
                           4.3.5.2 Market Estimates & Forecast, In Petrochemicals, By Region, 2014 - 2025
                       4.3.6 Power Generation
                           4.3.6.1 Market Estimates & Forecast, In Power Generation, 2014 - 2025
                           4.3.6.2 Market Estimates & Forecast, In Power Generation, By Region, 2014 - 2025
                       4.3.7 Pulp & Paper
                           4.3.7.1 Market Estimates & Forecast, In Pulp & Paper, 2014 - 2025
                           4.3.7.2 Market Estimates & Forecast, In Pulp & Paper, By Region, 2014 - 2025
                       4.3.8 Others
                           4.3.8.1 Market Estimates & Forecast, In Others, 2014 - 2025
                           4.3.8.2 Market Estimates & Forecast, In Others, By Region, 2014 - 2025
Chapter 5 Welded Spiral Heat Exchangers Market: Regional Estimates & Trend Analysis
                   5.1 Definition & Scope
                   5.2 Regional Movement Analysis & Market Share 2018 & 2025
                   5.3 Market, By Region, 2014 - 2025 (USD Million)
                       5.3.1 Market Estimates & Forecast, By Region, By End Use, 2014 - 2025
                   5.4 North America
                       5.4.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                       5.4.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                       5.4.3 U.S.
                           5.4.3.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                           5.4.3.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                       5.4.4 Canada
                           5.4.4.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                           5.4.4.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                   5.5 Europe
                       5.5.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                       5.5.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                       5.5.3 Germany
                           5.5.3.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                           5.5.3.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                       5.5.4 France
                           5.5.4.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                           5.5.4.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                       5.5.5 Italy
                           5.5.5.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                           5.5.5.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                   5.6 Asia Pacific
                       5.6.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                       5.6.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                       5.6.3 China
                           5.6.3.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                           5.6.3.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                       5.6.4 Japan
                           5.6.4.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                           5.6.4.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                       5.6.5 India
                           5.6.5.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                           5.6.5.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                   5.7 Central & South America
                       5.7.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                       5.7.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                       5.7.3 Brazil
                           5.7.3.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                           5.7.3.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                   5.8 Middle East & Africa
                       5.8.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                       5.8.2 Market Estimates & Forecast, By End Use, 2014 - 2025
                       5.8.3 Uae
                           5.8.3.1 Market Estimates And Forecasts, 2014 - 2025 (USD Million)
                           5.8.3.2 Market Estimates & Forecast, By End Use, 2014 - 2025
Chapter 6 Competitive Analysis
                   6.1 Key Global Players & Recent Developments & Their Impact On The Industry
                   6.2 Key Company/Competition Categorization
                   6.3 Vendor Landscape
                   6.4 Key Customers
                   6.5 Key Company Heat Map Analysis
                   6.6 Market Share Analysis Of Key Companies
                   6.7 List Of Key Companies
Chapter 7 Company Profiles
                   7.1 Alfa Laval Ab
                       7.1.1 Company Overview
                       7.1.2 Financial Performance
                       7.1.3 Product Benchmarking
                       7.1.4 Recent Developments
                   7.2 Danfoss A/S
                       7.2.1 Company Overview
                       7.2.2 Financial Performance
                       7.2.3 Product Benchmarking
                       7.2.4 Recent Developments
                   7.3 Gooch Thermal Systems, Inc.
                       7.3.1 Company Overview
                       7.3.2 Financial Performance
                       7.3.3 Product Benchmarking
                       7.3.4 Recent Developments
                   7.4 Nexson Group
                       7.4.1 Company Overview
                       7.4.2 Financial Performance
                       7.4.3 Product Benchmarking
                       7.4.4 Recent Developments
                   7.5 Elanco, Inc.
                       7.5.1 Company Overview
                       7.5.2 Financial Performance
                       7.5.3 Product Benchmarking
                       7.5.4 Recent Developments
                   7.6 Smartheat (China) Investment Co., Ltd.
                       7.6.1 Company Overview
                       7.6.2 Product Benchmarking
                   7.7 Kurose Chemical Equipment Co., Ltd
                       7.7.1 Company Overview
                       7.7.2 Financial Performance
                       7.7.3 Product Benchmarking
                       7.7.4 Strategic Initiatives
                   7.8 Shanghai Shenglin M&E Technology Co., Ltd.
                       7.8.1 Company Overview
                       7.8.2 Financial Performance
                       7.8.3 Product Benchmarking

List of Tables

Table 1 List of Abbreviation
Table 2 List of major exporting countries for various steel products, 2017 (MT)
Table 3 List of major importing countries for various steel products, 2017 (MT)
Table 4 List of Key End-Users
Table 5 Key international regulations
Table 6 Key international regulations
Table 7 Welded spiral heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 8 Welded spiral heat exchangers market estimates & forecast, in chemical, 2014 - 2025 (USD Million)
Table 9 Welded spiral heat exchangers market estimates & forecast, in chemical, by region, 2014 - 2025 (USD Million)
Table 10 Welded spiral heat exchangers market estimates & forecast, in food & beverages, 2014 - 2025 (USD Million)
Table 11 Welded spiral heat exchangers market estimates & forecast, in food & beverages, by region, 2014 - 2025 (USD Million)
Table 12 Welded spiral heat exchangers market estimates & forecast, in HVAC & refrigeration, 2014 - 2025 (USD Million)
Table 13 Welded spiral heat exchangers market estimates & forecast, in HVAC & refrigeration, by region, 2014 - 2025 (USD Million)
Table 14 Welded spiral heat exchangers market estimates & forecast, in petrochemicals, 2014 - 2025 (USD Million)
Table 15 Welded spiral heat exchangers market estimates & forecast, in petrochemicals, by region, 2014 - 2025 (USD Million)
Table 16 Welded spiral heat exchangers market estimates & forecast, in power generation, 2014 - 2025 (USD Million)
Table 17 Welded spiral heat exchangers market estimates & forecast, in power generation, by region, 2014 - 2025 (USD Million)
Table 18 Welded spiral heat exchangers market estimates & forecast, in pulp & paper, 2014 - 2025 (USD Million)
Table 19 Welded spiral heat exchangers market estimates & forecast, in pulp & paper, by region, 2014 - 2025 (USD Million)
Table 20 Welded spiral heat exchangers market estimates & forecast, in others, 2014 - 2025 (USD Million)
Table 21 Welded spiral heat exchangers market estimates & forecast, in others, by region, 2014 - 2025 (USD Million)
Table 22 Global welded spiral heat exchangers market, by region, 2014 - 2025 (USD Million)
Table 23 North America welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 24 North America welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 25 U.S. welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 26 U.S. welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 27 Canada welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 28 Canada welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 29 Europe welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 30 Europe welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 31 Germany welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 32 Germany welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 33 France welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 34 France welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 35 Italy welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 36 Italy welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 37 Asia Pacific welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 38 Asia Pacific welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 39 China welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 40 China welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 41 Japan welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 42 Japan welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 43 India welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 44 India welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 45 Central & South America welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 46 Central & South America welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 47 Brazil welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 48 Brazil welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 49 Middle East & Africa welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 50 Middle East & Africa welded spiral heat exchangers market, by end use, 2014 - 2025 (USD Million)
Table 51 UAE welded spiral heat exchangers market estimates and forecasts, 2014 - 2025 (USD Million)
Table 52 UAE welded spiral heat exchangers market by end use, 2014 - 2025 (USD Million)
Table 53 Vendor Landscape
Table 54 List of end-users by country
Table 55 Comparative analysis of key welded spiral heat exchangers manufacturers
Table 56 List of key companies

List of Figures

Fig. 1 Welded spiral Heat Exchangers Market Segmentation
Fig. 2 Welded spiral Heat Exchangers Market - Information Procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Primary research approaches
Fig. 6 Market Outlook
Fig. 7 Segmental Outlook
Fig. 8 Competitive Insights
Fig. 9 Global Heat Exchanger Market Outlook
Fig. 10 Penetration and growth prospect mapping (USD Million), 2014 - 2025
Fig. 11 Welded spiral Heat Exchanger Value Chain Analysis
Fig. 12 Welded spiral heat exchanger market dynamics
Fig. 13 Welded spiral Heat Exchanger market driver impact
Fig. 14 Welded spiral heat exchanger market restraints impact
Fig. 15 Porter's Five Forces Model - Welded spiral Heat Exchanger Market
Fig. 16 PESTEL Analysis - Welded spiral Heat Exchanger Market
Fig. 17 Welded spiral Heat Exchangers Market: End Use Market (USD Million) 2018 & 2025
Fig. 18 Welded spiral Heat Exchangers Market: Regional Market (USD Million) 2018 & 2025
Fig. 19 Welded spiral Heat Exchangers Market Regional Overview
Fig. 20 Strategy Framework